Filed May 12, 2022
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $164,244 | $57,065+187.8% | $75,670+117.1% | $70,131+134.2% |
| Participation rate | 88.9% | 68.1%+20.8pp | 72.3%+16.5pp | 69.5%+19.3pp |
| Annual return | 21.43% | 23.57%-2.1pp | 27.34%-5.9pp | 73.14%-51.7pp |
| Employer contribution / active EE | $5,701 | $1,817+213.9% | $2,352+142.4% | $2,342+143.4% |
| Participant deferral / active EE | $9,129 | $2,580+253.9% | $3,142+190.5% | $3,332+174.0% |
| Admin fee / account holder | $688 | $3,825-82.0% | $5,800-88.1% | $4,645-85.2% |